Savings & Loans
Emergency Loan at OKE SACCO
When unexpected needs arise, our Emergency Loan provides fast financial support with same-day approval. Access up to 500,000 UGX within hours for medical crises, urgent home repairs, or family emergencies – with minimal documentation required.
How It Works:
Visit branch with emergency documentation
Complete simplified one-page application
Receive cash/mobile money within hours
Repay in weekly/daily installments
Common Uses:
• Hospital deposits & medication
• Critical home/vehicle repairs
• Funeral/burial expenses
• School fee emergencies
Requirements:
- Active member for 3+ months
- Consistent savings history
- 5,000 UGX non-refundable processing fee
- Proof of emergency (medical bill, repair quote, etc.)
Collateral Options::
• Your SACCO savings balance
• Share certificates
• Household assets
• Land/property agreements
• Business inventory
- Immediate Access: Funds disbursed within 4 hours of approval
- Maximum Amount: 500,000 UGX
- Short-Term: Repay within 60 days
- Higher Interest: 10% monthly (covers rapid processing)
- No Guarantors: Your SACCO savings serve as security